<TABLE> <S> <C>

          <ARTICLE> 9
          <MULTIPLIER> 1
                 
          <S>                                        <C>
          <PERIOD-TYPE>                              YEAR
          <FISCAL-YEAR-END>                          DEC-31-1996
          <PERIOD-START>                             JAN-01-1996
          <PERIOD-END>                               DEC-31-1996
          <CASH>                                       4,917,622
          <INT-BEARING-DEPOSITS>                               0
          <FED-FUNDS-SOLD>                             7,249,000
          <TRADING-ASSETS>                                     0
          <INVESTMENTS-HELD-FOR-SALE>                  7,829,126
          <INVESTMENTS-CARRYING>                               0
          <INVESTMENTS-MARKET>                                 0
          <LOANS>                                     27,345,643
          <ALLOWANCE>                                  1,520,385
          <TOTAL-ASSETS>                              49,119,026
          <DEPOSITS>                                  42,544,601
          <SHORT-TERM>                                         0
          <LIABILITIES-OTHER>                            655,853
          <LONG-TERM>                                  2,985,000
          <COMMON>                                       405,710
          <PREFERRED-MANDATORY>                                0
          <PREFERRED>                                          0
          <OTHER-SE>                                   2,527,862
          <TOTAL-LIABILITIES-AND-EQUITY>              49,119,026
          <INTEREST-LOAN>                              3,057,854
          <INTEREST-INVEST>                              320,422
          <INTEREST-OTHER>                               279,050
          <INTEREST-TOTAL>                             3,657,326
          <INTEREST-DEPOSIT>                           1,795,263
          <INTEREST-EXPENSE>                           1,930,957
          <INTEREST-INCOME-NET>                        1,726,369
          <LOAN-LOSSES>                                2,305,174
          <SECURITIES-GAINS>                                 761
          <EXPENSE-OTHER>                              1,652,367
          <INCOME-PRETAX>                             (1,737,264)
          <INCOME-PRE-EXTRAORDINARY>                  (1,146,332)
          <EXTRAORDINARY>                                      0
          <CHANGES>                                            0
          <NET-INCOME>                                (1,146,332)
          <EPS-PRIMARY>                                    (2.83)
          <EPS-DILUTED>                                    (2.83)
          <YIELD-ACTUAL>                                    4.08
          <LOANS-NON>                                  1,056,000
          <LOANS-PAST>                                     5,000











          <LOANS-TROUBLED>                                     0
          <LOANS-PROBLEM>                                      0
          <ALLOWANCE-OPEN>                               385,360
          <CHARGE-OFFS>                                1,449,603
          <RECOVERIES>                                   279,454
          <ALLOWANCE-CLOSE>                            1,520,385
          <ALLOWANCE-DOMESTIC>                         1,520,385
          <ALLOWANCE-FOREIGN>                                  0
          <ALLOWANCE-UNALLOCATED>                              0
                  
          
</TABLE>